For Ouster Inc. [OUST], Analyst sees a drop to $2. What next?

Ouster Inc. [NYSE: OUST] price surged by 3.31 percent to reach at $0.06. The company report on August 4, 2022 that Ouster Reports 40% Year over Year Revenue Growth Driven by Automation in Industrial and Robotics Sectors.


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$10.3 million in revenue with 27% gross margins in Q2 2022.

Revises FY 2022 revenue guidance to $40 to 55 million.

A sum of 2962834 shares traded at recent session while its average daily volume was at 1.74M shares. Ouster Inc. shares reached a high of $2.00 and dropped to a low of $1.80 until finishing in the latest session at $1.87.

The one-year OUST stock forecast points to a potential upside of 69.69. The average equity rating for OUST stock is currently 1.70, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Ouster Inc. [OUST]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OUST shares is $6.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OUST stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for Ouster Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on July 25, 2022. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on May 23, 2022, representing the official price target for Ouster Inc. stock. Previously, the target price had yet another raise to $7, while Chardan Capital Markets analysts kept a Buy rating on OUST stock.

The Average True Range (ATR) for Ouster Inc. is set at 0.16, with the Price to Sales ratio for OUST stock in the period of the last 12 months amounting to 9.39. The Price to Book ratio for the last quarter was 1.35, with the Price to Cash per share for the same quarter was set at 0.90.

OUST Stock Performance Analysis:

Ouster Inc. [OUST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.61. With this latest performance, OUST shares gained by 11.31% in over the last four-week period, additionally sinking by -46.11% over the last 6 months – not to mention a drop of -81.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OUST stock in for the last two-week period is set at 52.23, with the RSI for the last a single of trading hit 54.43, and the three-weeks RSI is set at 49.65 for Ouster Inc. [OUST]. The present Moving Average for the last 50 days of trading for this stock 1.8088, while it was recorded at 1.7760 for the last single week of trading, and 3.7555 for the last 200 days.

Insight into Ouster Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Ouster Inc. [OUST] shares currently have an operating margin of -296.95 and a Gross Margin at +27.06. Ouster Inc.’s Net Margin is presently recorded at -279.89.

Return on Equity for this stock declined to -47.73, with Return on Assets sitting at -36.94.

Ouster Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.20 and a Current Ratio set at 7.70.

OUST Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OUST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ouster Inc. go to 20.00%.

Ouster Inc. [OUST] Insider Position Details

There are presently around $99 million, or 31.10% of OUST stock, in the hands of institutional investors. The top three institutional holders of OUST stocks are: TAO CAPITAL MANAGEMENT LP with ownership of 11,253,152, which is approximately 0% of the company’s market cap and around 3.70% of the total institutional ownership; VANGUARD GROUP INC, holding 8,697,519 shares of the stock with an approximate value of $16.26 million in OUST stocks shares; and BLACKROCK INC., currently with $13.46 million in OUST stock with ownership of nearly -11.095% of the company’s market capitalization.

Positions in Ouster Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 58 institutional holders increased their position in Ouster Inc. [NYSE:OUST] by around 6,917,574 shares. Additionally, 55 investors decreased positions by around 7,069,386 shares, while 28 investors held positions by with 38,981,069 shares. The mentioned changes placed institutional holdings at 52,968,029 shares, according to the latest SEC report filing. OUST stock had 24 new institutional investments in for a total of 3,037,083 shares, while 18 institutional investors sold positions of 916,818 shares during the same period.

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